STO $SVXY Aug 5 $50 puts @ $.75
Daily Archives: Monday, July 25, 2016
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 26th 2235/2260 call spreads for 1.40, with SPX at 2167.
Merger…ho, hum…
Now for some real news…
“Dear Valued Customer,
I wanted to share the exciting news announced earlier today that E*TRADE Financial is acquiring OptionsHouse…This is an exciting time for OptionsHouse and our customers. E*TRADE is a fantastic company, and in the coming months we look forward to offering you an even better brokerage experience.
Best,
Michael Curcio, CEO”
…hope I didn’t wake anyone up?
GLD #iron condor sold an…
GLD #ironcondor sold an Aug. 19 124/115/130/131/ for 1.53 with GLD at 125.65. Followed a jade lizard at TT but added the long put to reduce the margin requirement. Profitable above 122.70 at expiration.
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close UVXY2 SEP 16 2016 40.0 Calls @ 0.01 (no commission).
These are the pre-split options that still have 53 days to go before expiration.
These were sold just 20 days ago @ 0.44.
AAPL dumping
AAPL dumping
Earnings MBLY sold a Jan…
Earnings MBLY sold a Jan 29 44/52.50 strangle for .75, with Mobileye at 48.72. In the last 3 years, from CBOE, biggest gain was 2.7%, biggest drop was 5.69%, the average was 2.44%. The strikes are about 9% out of the money. Sure hope I’ve interpreted the data properly, may pick up a hedge to the upside, they are into auto driving systems.
UVXY pre-split call
#VXXGame (Earlier) Sold to Open $UVXY2 (pre-split) Jan’18 85 call for .90. This is, in effect, the 425 strike based on the new pricing. Usually I cannot open new positions on the pre-split options, but IB allowed me earlier today. Perhaps it is because there are no post-split options yet. But alas, I cannot sell anymore so maybe it was a mistake earlier today.
Earnings today
#Earnings IV is pretty low on CAT, MCD and LVS
GILD is usually a minor mover, but last quarter it dropped 10%. That throws a wrench in the works. Maybe an iron butterfly to capture a small move but limit risk if there’s another big one.
MBLY trying for a 1:1 put spread, 49/48, bullish trading with the trend.
First Ever Earnings Trade….
BTO Double Cal Aug 5 – Sep 2 on MBLY 45P and 53C for $1.70….Will close tomorrow.
SPX closed August 12, 2000…
SPX closed August 12, 2000 2025 put spread, got 60%, I know it’s a down day, preparing for a little correction.
$UVXY #CoveredCalls – Sold UVXY2…
$UVXY #CoveredCalls – Sold UVXY2 AUG 12 2016 12.0 Calls @ 0.20 . These are the pre-split options.
The Post-split options won’t start trading until tomorrow.
Why am I getting emails…
Why am I getting emails from elitethink.wordpress.com??
$NUGT #ShortPuts – Sold 1…
$NUGT #ShortPuts – Sold 1 NUGT AUG 5 2016 85.0 Put @ 1.15
GM
GM
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 26th 2040/2015 put spreads for 1.40, with SPX at 2167.
SVXY
STO August 12, 50 puts @1.05
SVXY
STO August 12, 50 puts @1.05
$AAPL #CoveredCalls – Sold AAPL…
$AAPL #CoveredCalls – Sold AAPL Jul 29 2016 103.0 Calls @ 0.45. Earnings this week.
$DUST #CoveredCalls – Sold DUST…
$DUST #CoveredCalls – Sold DUST Jul 29 2016 8.0 Calls @ 0.20
$SVXY #CoveredCalls #Weeklys #Options Ladder…
$SVXY #CoveredCalls #Weeklys #OptionsLadder – on the open this morning, replacing calls that expired Friday –
Sold SVXY Aug 12 2016 66.5 Calls @ 0.80
Sold SVXY Aug 19 2016 67.0 Calls @ 1.15
Sold SVXY Aug 26 2016 69.0 Calls @ 1.10
Sold SVXY Sep 02 2016 70.0 Calls @ 1.20
#Earning – 197 S&P 500…
#Earnings – 197 S&P 500 companies are due to report (or 38% of the index market cap) with the notable names including Apple (Tuesday), Verizon (Tuesday), Facebook (Wednesday), Coca-Cola (Wednesday), Alphabet (Thursday), Exxon Mobil (Friday) and Chevron (Friday).
SWKS stock sold
#Earnings In pre-market, sold $SWKS stock for 65.10. Shares were assigned on Friday when 65 short puts were exercised (sold for .58 on Thursday).
Options Bistro 